# PPP loan: MCCLURE ENGINEERING CO
> **$3.32M** approved 04/03/2020 · Paid in Full · Loan `4411417002`
## Borrower
- **Name:** MCCLURE ENGINEERING CO
- **Address:** 1360 NW 121st St, CLIVE, IA, 50325-8144
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.32M
- **Initial approval:** $3.32M
- **Forgiven:** $3.36M (101%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.99M
- **Rent:** $133K
- **Mortgage interest:** $66K
- **Health care:** $133K
- **Jobs reported:** 187
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*